Eidesvik Offshore ASA ("Eidesvik" or the "Company") has appointed Helga Cotgrove
as Chief Financial Officer (CFO). She will join the Company on October 1, 2022
at the latest.

Cotgrove has more than 20 years of energy sector finance experience in various
roles within M&A, strategy, tax, finance, accounting, and auditing. She comes
from the position as CFO in Norsk Solar AS. Prior to this, Cotgrove held a
position as director of corporate development for Halliburton in Houston, where
she was responsible for global M&A transactions. 

Gitte Gard Talmo, President & CEO of Eidesvik commented:
"Helga's extensive financial experience makes her a great addition to Eidesvik's
top management team. I am very pleased to welcome her to Eidesvik, where she
will play a key role in the further development of the Company". 

The Company's Finance Manager Lars Tufteland Engelsen will assume the role of
interim CFO from August 1, 2022. This follows the announcement on April 8, 2022
that Tore Byberg will step down as CFO on July 31, 2022 to take up the role of
CFO at Waterise AS.

Bømlo, June 29, 2022

Contact:
CEO Gitte Gard Talmo (+47 915 23 245)


This information is subject to the disclosure requirements pursuant to section
5-12 of the Norwegian Securities Trading Act.

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